U.S. proposed EV tax credit cost gap increases to $80K for SUVs

The U.S. proposed electric vehicle tax credit, which is unpopular with several other countries as it favours American OEMs in certain situations, now includes a surprise increase in the price gap for eligible EVs. “In the new language, SUVs, trucks and vans with a manufacturer’s suggested retail price of up to $80,000 can qualify for the credits,” said CNET. “It’s a massive boost from the original framework, which capped costs at $64,000 for vans, $69,000 for SUVs and $74,000 for pickup trucks.” (Source: CNET) Read the original story…

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